Tesla stock entering its next growth wave: hall of fame analyst

Tesla founder Elon Musk is always full of surprises. His latest one came in the form of a surprisingly strong third quarter earnings report and very upbeat earnings call. Musk is full steam ahead, outlining a significant ramp in production for 2025 and eyeing the start of a ride-hailing platform. What’s more, Tesla continues to rake in big bucks from full-self driving technology and expects humanoid robots to be a large contributor to the business in the not too distant future. Yahoo Finance executive editor Brian Sozzi sits down for an in-depth conversation with Bank of America senior automotive analyst John Murphy. Murphy – who joined the Automotive Hall of Fame in 2023 – shares his bullish outlook on Tesla after the company shocked most on Wall Street with its third quarter earnings results. The veteran analyst is modeling for double-digit percentage sales and earnings growth in 2025 and 2026 as Musk’s efforts gain hold.

Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.

Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

00:00-John Murphy joins Opening Bid

01:00-Talking Tesla

09:00-Tesla semi truck outlook

13:00-How the history of transport impacts automotive's future

19:00-Humanoid robots, no longer futuristic

21:40-Who runs Tesla, if Elon steps into a Trump administration?

Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.

John Murphy is a Sr. Automotive Analyst at BofA Securities. He was recently inducted in the Automotive Hall of Fame having covered the automotive financial industry for over 20 years.

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